The adjustment boosted market liquidity and fresh investments by participants, while the disciplinary actions helped to bolster investor confidence.
April 23, 2022Banks will have to hold 'bad debt' level provisions against funds allocated for certain business expenditures if they sit on the balance sheet as 'other assets' for over a year.
April 20, 2022Bangladesh Bank says the court did not dismiss the entire case concerning its 2016 hack; only two of the 20 accused were acquitted due to "lack of jurisdiction".
April 18, 2022The new reporting form introduces a requirement to disclose whether banks and NBFIs are using external agencies, foundations or other third parties to conduct their CSR activities.
April 14, 2022The new regulatory guidelines will require digital banks to hold the same levels of capital as conventional banks.
April 12, 2022The bill would allow Bangladesh Bank to remove a bank's owners, directors, executives, and other officials if they are involved in banking fraud.
April 4, 2022The BSEC has also given banks a 31 March deadline to deposit unclaimed dividends in the Capital Market Stabilisation Fund, against directions from Bangladesh Bank.
March 25, 2022Trading to be halted if a listed company loses 2% in value. BSEC also urging banks to make fresh investments in the stock market.
March 14, 2022Currently only bank depositors are protected and customers of other types of deposit-taking financial institutions are not covered.
March 2, 2022The relaxation will allow for easier issuance of loans and credit, thereby helping to accelerate business activities across the country, Bangladesh Bank said.
February 28, 2022